Attending rare coin shows can be an exciting experience for both collectors and dealers. In this article, we’ll explore the rare coin market and share information about upcoming coin shows. We’ll also provide tips on how to benefit from the current market trends.
Understanding the Rare Coin Market
The rare coin market follows a yearly schedule, with many collectors and dealers planning their attendance at shows in advance. One of the most prominent shows is the Florida United Numismatists (F.U.N.) Show, which kicks off the coin show season right after New Year’s Day.
This year, the F.U.N. Show took place in the Tampa Convention Center, marking a change from its usual venue. The show is known for its large scale, and this year, even a circus took place nearby, giving attendees a fun break from coins.
Current Trends in the Coin Market
At the F.U.N. Show, both collectors and dealers were cautious about making purchases due to economic uncertainties. Many people are prioritizing essential expenses over hobbies like coin collecting. A well-known dealer pointed out that people are hesitant to buy coins when they are worried about paying their mortgage. Despite this, the bullion market remains active, and some rare coins are selling for record prices.
Gold and silver prices have seen significant growth, but the overall coin market is described as “soft.” This means that while some coins are fetching high prices, others are not doing as well as expected.
How to Take Advantage of the Market
If you’re looking to make smart purchases, here are a few tips:
- Don’t buy coins just because they are cheap. Low-quality or “ugly” coins do not sell well.
- Sell coins that no longer fit your collection. By selling less desirable coins, you can free up money to invest in more valuable ones.
- Reposition your collection. With rising bullion prices, now might be the perfect time to reevaluate your collection and focus on coins that have better future investment potential.
February and March Coin Show Schedule
The next two months are packed with rare coin shows across the United States. Here are some of the most anticipated events:
| Show Name | Location | Date |
|---|---|---|
| Long Beach Coin Show | Long Beach, CA | February 2–5 |
| Charlotte Coin Club Show | Charlotte, NC | February (Mid-month) |
| St. Louis Coin Show | St. Louis, MO | February (Mid-month) |
| Collectorama Coin Show | Lakeland, FL | February (Late month) |
| ANA Mid-Winter Show | Sacramento, CA | March (Mid-month) |
| Baltimore Coin Show | Baltimore, MD | March (Late month) |
These shows feature a wide range of dealers, collectors, and auctions. For example, the Long Beach Show is a favorite among many because of its excellent venue, nearby hotels, and dining options. The Heritage Auction is also a big draw at this event.
In March, the American Numismatic Association (ANA) Mid-Winter Show in Sacramento is expected to attract rare gold coins due to the show’s proximity to historic gold sites.
Why Attend a Coin Show?
Coin shows offer a unique opportunity for collectors and dealers to network, trade, and view some of the rarest coins in the world. Whether you’re attending a regional show like the St. Louis Coin Show or a large event like the Baltimore Coin Show, these events are full of excitement and educational opportunities.
Conclusion
Attending rare coin shows is more than just about buying and selling coins; it’s about engaging with the community and learning more about this fascinating hobby. Whether you’re looking to expand your collection or simply want to enjoy the experience, there’s a coin show out there for you.
Don’t miss the upcoming coin shows in February and March, where you can meet dealers, view auctions, and even make a few smart investments in rare coins. Reposition your collection wisely and take advantage of the current market trends.
FAQ’s
Why should I attend a rare coin show?
Coin shows offer the chance to view rare coins, meet dealers, and learn more about the market. They are also great for making trades and expanding your collection.
What is the biggest coin show in the United States?
The Florida United Numismatists (F.U.N.) Show is the largest coin show in the U.S. It takes place every January.
How can I take advantage of the current coin market?
Focus on value, sell low-performing coins, and reposition your collection by investing in better-quality items.
What should I avoid when buying rare coins?
Avoid buying low-quality or unattractive coins just because they are cheap. These coins tend to have poor resale value.
Which coin shows should I attend in February and March?
Some top shows to attend include the Long Beach Show, St. Louis Coin Show, and the ANA Mid-Winter Show.